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| Press Release - May 6, 2004 |
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Yoqneam, Israel, May 6, 2004 Golden Telecom Expands MIND's Prepaid VoIP Platform MIND CTI Ltd. (NASDAQ: MNDO), a leading global provider of real-time mediation, rating, billing and customer care solutions for prepaid and postpaid voice, data and content, today announced that Golden Telecom, a leading alternative telecommunications service provider in Russia and other countries of the Commonwealth of Independent States, has successfully expanded MIND’s VoIP Prepaid Calling Card platform. Golden Telecom provides advanced voice, fax, data, video and Internet access services to commercial and residential customers. Using MIND-iPhonEX Golden Telecom is offering a prepaid service named Dialog – The World. The service offers intercity and international VoIP calls for customer calling from Moscow, St. Petersburg and over 40 countries. “We are happy to support the growth of Golden Telecom’s business and are proud to be a part of Golden Telecom’s VoIP service solution”, said Mr. Ilan Melamed, Vice President of Sales at MIND. “MIND is committed to providing cost-effective, fast deploying solutions to the emerging carriers deploying VoIP networks worldwide and to the European telecom markets in particular.” MIND supplies service providers a powerful and flexible real-time prepaid VoIP platform, supporting real-time mediation, provisioning and rating. MIND-iPhonEX features flexible rating and diverse business models, offering prepaid vouchers and calling card management. MIND-iPhonEX's highly scalable, open and modular architecture enables unlimited growth and seamless integration with other systems and applications, supporting any network and service expansion. About MIND MIND is a leading global provider of real-time mediation, rating, billing and customer care software products and services. With a track record of over 100 installations at carriers worldwide, we supply solutions for prepaid and postpaid voice, data and content. The proven scalability of our products, our expertise in VoIP billing and the fact that we are pre-integrated with all major IP equipment vendors enable our customers to shorten implementation time, reduce their costs and realize profitable growth. For information about MIND and its products visit the company Web site: http://www.mindcti.com Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward looking statements." These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information. For more information please contact:
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